NOT LISTED FOR SALE

5 Rainbow Valley Rd Placitas, NM 87043

5 Acres
-- Price per Acre
217,800 Sq Ft Lot

Last Sold September 12, 2022

Highlights

  • 5 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Views

About This Lot

As of September 2022

Epic views from this flat building site in Placitas. The property offers exceptional views of the profile of the Sandia Crest to the east, glimmers of city lights to the South, and vast views towards the Jemez to the west. Tucked up in the mountains, but only 5 minutes to the grocery store, this property is ready for your dream home. Come take a look!

Last Agent to Sell the Property

Grant Alexander

Barker Realty LLC License #49808 Listed on: 08/08/2022

Last Buyer's Agent

The Gonzalez Group

Keller Williams Realty License #53007

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $541

Lot Details

  • 5 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Zoning described as RRA

Utilities

  • Electricity Not Available
  • Water Not Available
  • Sewer Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 1024072495505

Property Details

Property Type

Land

Est. Annual Taxes

$541

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Take hwy 165 East towards Placitas approximately 4.5 miles. Take Right turn on Rainbow Valley Rd. Property is immediately on your right.
  • Listing Contract Date: 2022-08-01
  • Lot Size Acres: 5.0
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: Partial
  • Lot Features: Views, Acreage, Stream/Creek
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None
  • Sewer: None

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 217800.0
  • Parcel #: 1024072495505
  • Zoning Description: RRA

Tax Info

  • Tax Annual Amount: 540.76
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Mar 24, 2021
Sold by
5 Rainbow Valley Llc
Bought by
Mayes Joel and Mayes Ruth
Seller's Agent
Grant Alexander
Barker Realty LLC
Buyer's Agent
Grant Alexander
Barker Realty LLC
List Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$30,339
Interest Rate
2.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mayes Joel -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayes Joel $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold -- -- --
08/23/2022 08/23/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $180,000 +38.5% --
03/26/2021 03/26/21 Sold -- -- -- View Prior Sale
01/22/2021 01/22/21 Pending -- -- --
06/26/2020 06/26/20 For Sale $130,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 $541 $19,933 $19,933 $0
2020 $524 $19,933 $0 $0
2019 $546 $19,933 $0 $0
2018 $504 $19,933 $0 $0
2017 $510 $19,933 $0 $0
2016 $584 $19,933 $0 $0
2014 $584 $19,933 $0 $0
2013 -- $19,933 $19,933 $0
Source: Public Records

Agents Affiliated with this Home

  • Grant Alexander

    Seller's Agent in 2022

    Grant Alexander

    Barker Realty LLC

    (617) 620-9311

    3 in this area

    42 Total Sales

    Grant Alexander
    Section Image

  • T

    Buyer's Agent in 2022

    The Gonzalez Group

    Keller Williams Realty

    (505) 238-9296

    4 in this area

    112 Total Sales

    The Gonzalez Group
    Section Image
  • David Barker

    Seller Co-Listing Agent in 2021

    David Barker

    Barker Realty LLC

    (505) 982-9836

    1 in this area

    21 Total Sales

    David Barker
    Section Image
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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1020557

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-024-072-495-505

New Mexico Sandoval County Placitas 87043

5 Rainbow Valley Rd, Placitas, NM

This home is located at 5 Rainbow Valley Rd, Placitas, NM 87043 since 08 August 2022. 5 Rainbow Valley Rd is a home located in Sandoval County with nearby schools including Bernalillo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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